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Coforge to acquire 60% of SLK Global Solutions for Rs 918 crore SECTIONS Last Updated: Apr 12, 2021, 08:23 PM IST Share Synopsis Coforge has acquired 60% of SLK Global Solutions for Rs 918.32 crore, with a provision to acquire another 20% from Fifth Third Bank after two years. Getty Images Coforge expects the SLK Global Solutions acquisition to help it expand services to the North American financial services industry and strengthen its BPM operations. Pune: Coforge Ltd. has agreed to acquire 60% stake in SLK Global Solutions for Rs 918.32 crore, in a deal that the IT firm expects will help it...

Saverin’s B Capital, Others Invest $1 Billion in India’s Byju’s Apr 11 2021, 12:28 PM April 10 2021, 8:28 PM April 11 2021, 12:28 PM (Bloomberg) -- India’s online-education startup Byju’s is raising about $1 billion from new investors including B Capital Group, founded by former Facebook cofounder Eduardo Saverin, Baron Funds and XN, a person familiar with the matter said.The infusion that values India’s online-lessons platform at about $15 billion is among the largest recent capital increases in India. Existing backers, including private equity giant Silver Lake...

Clubhouse calls report on data breach 'misleading and false' SECTIONS Last Updated: Apr 11, 2021, 10:41 PM IST Share Synopsis Clubhouse has denied any breach or hack after a CyberNews report says that a database containing 1.3 million scraped records of the platform's users were posted on a popular hacker forum. AP San Francisco: Clubhouse has denied any breach or hack after a report said that a database containing 1.3 million scraped records of the platform's users were posted on a popular hacker forum. According to a report in CyberNews on Saturday, the "leaked" database contains a variety ...

Genpact suggests routine testing of staff to help open up the economy SECTIONS Share Synopsis This method helps in detecting asymptomatic carriers and, over time, the infection rate of people working in office is much lower, Genpact COO Darren Saumur says. More than 40% of Genpact’s employees will continue working from home permanently in a hybrid model, COO Darren Saumur says. Pune: Routinely testing employees who are working from office will help curb the spread of the coronavirus and open up the economy, Genpact Ltd.’s Chief Operating Officer Darren Saumur said, even as several countr...

We'll soon meet in your inbox. Please wait... “The expansion only really starts next year at full pace, so we’ll raise the capital this year, but it gets deployed only next year,” Kabeer Biswas, Dunzo’s 36-year-old chief executive officer, said in an interview. The company may expand to two more cities in 2021, then build toward a presence in 20 urban areas by mid-2023, he said. It’s also started offering 15-minute deliveries for a range of 2,000 commonly-sought-after items. Dunzo was founded in 2014 and started out as a WhatsApp service, before becoming an app where customers typic...